Summary by Moomoo AI
On June 13, 2024, XBP Europe Holdings, Inc. held its Annual Meeting where stockholders approved the 2024 Stock Incentive Plan, previously greenlit by the Board on February 12, 2024. The plan authorizes the issuance of up to 5,520,270 shares of common stock for equity-based awards. The following day, the Compensation Committee approved the forms for Restricted Stock Unit and Option Awards under the new plan. Additionally, the Board approved non-material amendments to the plan, which do not affect awards to directors or executive officers. Executive compensation for 2024 was also ratified, with details of the compensation for top executives disclosed, including base salaries and long-term incentive awards based on the company's stock price. The Annual Meeting also saw the election of two Class I directors and the ratification of UHY LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The stockholders voted in favor of the 2024 Stock Incentive Plan with a significant majority.